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Re: necktoeye post# 73292

Wednesday, 12/07/2011 12:08:50 PM

Wednesday, December 07, 2011 12:08:50 PM

Post# of 105534
You trade penny stocks because they are penny stocks. If Wall St. thought CBAI was a slam dunk growth story we would be at a different price and Matt wouldn't be in bed with JMJ. Folks that are posting here 24/7 are suspect and that goes for both sides of the trade. Investors should be basing there investment on the market at large. It takes a very bullish market to have pennies move up as a group. So your are left with very selective pennies picks. I like CBAI as a penny trade because of the liquidity but otherwise I have no clue how well the business model will play out long term.I still haven't seen a true bottom here in the mid 2's. The MM's making money naked on the ask and replacing at bid. Why because Matt's track record is written in the yearly chart. The risk here has been being long not short.If matt could change that my approach trading CBAI would change. Looking for a trading bottom in this penny stock CBAI.

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